Court battles by workers with long Covid are a new test of the nation’s private insurance system, which lawyers and academics say is stacked against them. The complex, yearslong process passes judgment on enrollees from afar and is filled with conflicts of interest that benefit the insurer, according to court opinions, plaintiffs’ complaints and interviews with lawyers and academics.

Bristol-Myers Squibb Co. inked a collaboration and licensing deal with Jiangsu Hengrui Pharmaceuticals Co. that could be valued at as much as $15.2 billion, as the US drugmaker seeks to leverage China’s efficiency in early development.

Liquefied natural gas deliveries to China are showing signs of recovery, as some buyers replace shipments disrupted by the conflict in the Middle East.

The US Strategic Petroleum Reserve awarded 53.3 million barrels to companies including oil trader Trafigura Group and US refiner Marathon Petroleum Corp, adding to a wave of oil released to help tame surging prices stemming from the Iran war.

New York City will have to pay sanctions for failing to respond to discovery requests in a lawsuit alleging the city’s health plan discriminates against gay male couples by denying them in vitro fertilization benefits.

Saudi Arabian crude oil exports to China for loading in June are set to plunge to around 13 million to 14 million barrels, according to traders informed by the producer.